Midhani pays ₹35.41 cr dividend

Midhani, the defence enterprise, has declared a dividend of ₹35.41crore for the year 2015-16 at 30 per cent of the profit after tax of ₹118.03 crore. DK Likhi, CMD, along with directors handed over the cheque to the Defence Minister Manohar Parrikar. This is the fifth consecutive year the company has paid full dividend to the government as per guidelines.Our Bureau